Somewhat Favorable News Coverage Somewhat Unlikely to Impact RE/MAX (RMAX) Share Price

News headlines about RE/MAX (NYSE:RMAX) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. RE/MAX earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.0555618889486 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news stories that may have effected Accern’s rankings:

RMAX has been the topic of a number of recent research reports. Piper Jaffray Companies reissued a “buy” rating and issued a $69.00 target price on shares of RE/MAX in a report on Wednesday, November 1st. BidaskClub cut RE/MAX from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 1st. Zacks Investment Research raised RE/MAX from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a report on Wednesday, November 22nd. Compass Point raised RE/MAX from a “sell” rating to a “neutral” rating in a report on Saturday, December 30th. Finally, JPMorgan Chase & Co. cut RE/MAX from a “neutral” rating to an “underweight” rating and set a $51.00 price target on the stock. in a report on Friday, December 15th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. RE/MAX currently has an average rating of “Hold” and an average target price of $61.43.

Shares of RE/MAX (NYSE:RMAX) opened at $49.05 on Friday. The firm has a market capitalization of $848.57, a P/E ratio of 37.44, a PEG ratio of 3.25 and a beta of 0.80. The company has a current ratio of 10.83, a quick ratio of 10.83 and a debt-to-equity ratio of 3.29. RE/MAX has a twelve month low of $45.55 and a twelve month high of $67.50.

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About RE/MAX

RE/MAX Holdings, Inc is a franchisor in the real estate industry, franchising real estate brokerages around the world under the RE/MAX brand and mortgage brokerages within the United States under the Motto Mortgage brand. The Company is a franchised business, with all of the RE/MAX branded brokerage office locations being operated by franchisees, including RE/MAX, LLC, which owns the RE/MAX brand, and sells franchises and franchising rights; Independent Regional Franchise Owner, which owns rights to sell brokerage franchises in a specified region; Franchisee (or Broker-Owner), which operates a RE/MAX-branded brokerage office, lists properties and recruits agents, and Agent (or Sales Associate), including branded independent contractors operating out of local franchise brokerage offices.

Insider Buying and Selling by Quarter for RE/MAX (NYSE:RMAX)

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